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what is SAP? tia
well Snup glad to see you’re still the ELTP poet. i too sold many on the Run but unfortunately put most of them into another penny that has done terribly. So i am praying for a happy ending to this one and soon!
Me too!!
Snup, it is indeed very irritating BUT with our very good revenues and in all liklihood continuing, i am not worried. You will be sad if you’ve sold a whole lot when the $$$ comes in! so caution not to dump too much!
please explain what you mean!!
please explain what you mean!!
we would love to read your posts but unfortunately the links do not show up! Why dont you post them so everyone can see them???!
Snup, all true unless BUYOUT still possible. Nas maybe tired too?
Snup, i (we long-suffering board readers) miss your poetry! i don’t understand what you mean by LPC huuuuuge looming shadow. Please explain. tia
Don’t forget, Nas paid Sungen $$ for the Adderall! If he hadn’t bought it, they would have sold it to
some other company (probably a hostile competitor). Things are the same for Elite as they were before Nas (Mikah) bought it but actually better for Elite investors because Nas has a gigantic stake in Elite and he wants it to succeed!
Good CC overall. But disappointed he chose not to address the relationship of Elite and Mikah. I sent very clear question, quting Hakim’s 2 statements—ie that the two companies had merged; and that Mikah was winding down and selling off its assets. I’m sure there were other people who sent similar questions. Guess we’ll have to call Dianne and see what she says....
I don’t think that is why Nas hasn’t revealed how much he paid for the adderall. I think it’s because, if he is planning to sell it to Elite, he doesn’t want to reveal how much profit he would make (aka stealing from ELITE investors).
But this whole thing is bizarre since, according to his own public statements:
1. Mikah and Elite are already a single merged entity
2. Mikah as a separate company no longer exists!
Nas has publicly stated that he merged Mikah and Elite! So there should be no need to transfer the Adderall, it should already right now be owned by the merged entity!
Nas also stated st another time that Mikah was winding down and selling off its assets—another reason that Adderall full ownership should be already Elite’s!
WHEN IS DEADLINE TO SUBMIT A QUESTION TO DIANNE FOR CC?
QUESTIONS FOR THE CC—are they still accepting them tomorrow (Saturday)?
Anything below that would be a significant drop from previous quarter. would not look good!
Please explain what you mean by this! Thanx
if he doesnt care about selling, we are screwed!!!!
Nas’ statements that there will be good news for Elite and, separately, that there are benefits for Elite from Mikah’s ADDERALL putcase that he cant speak about right now ARE IN ADDITION TO an earlier statement in a CC that went something like “that’s why i’ve merged the two companies”. (AMA posted it recently. Nas needs to explain what he meant them and what it means now, along with the other two statements!!!
1. What are we to make of this statement in context of the Adderall purchase??? I plan to send that question to Dianne for the CC. Thanks for posting it!
2. Please also re-post the statement made by Nas that he had merged Mikah with Elite. I will also ask about that.
3. Please post Dianne’s email.
Seems to me that both those statements are entirely reasonable grounds for demanding that Nas transfer Mikah’s Adderall over to Elite.
Please join me in demanding this!!!
Supposedly (according to a statement by Nas in a long ago CC) the companies are already merged!
Then, according to yet another statement from Nas, Mikah is winding down and selling off everything.
I do not have the links to back up either of thise statements, but AMA has posted them both here within the past two (or, at most, three weeks).
Many of us should bring up #3 for this call—establishing protocol for transfer of Adderall from Mikah to Elite ASAP and in a way that doesn’t cost shareholders $$$$$$
The great revenue we “could have had” depended on getting a partner to commercialize it as N2K pointed out.
There was also the issue that Elite had to divest some drugs in order to be below a max number for lower fees.
SCHWAB SAYS REVENUES TO BE ANNOUNCED TOMORROW THE 13th. But people on the board have been saying Friday after hours. Does anyone know for sure?
ok, Forward-looking strategy: how and when will the Adderall that Mikah bought from Sungen get transferred over to Elite?
It was stated long ago that Mikah was winding down and it was also stated elsewhere that Mikah had merged with Elite. So what are the facts on these statements? It looks to many of us that Nasrat has a major conflict of interest here. Time to get all this made transparent AND get that Adderall over to Elite via some method that Elite can handle comfortably!
Since you feel sure he will be bringing us RECORD BREAKING revenue, why would you want him to resign???
There are some people here who have said that Sequest Ox failed BECAUSE OF Nasrat. ie that he could/should have known that SequestOx would not be approved in its current form due to the T-max issue and that labelling would not save the day.
Yes it certainly would be great if we had that revenue. But there would still have been more $ costs on SequestOx in order to bring that about and the higher cost in fees from being a larger company (unless three drugs were sold off). I don’t remember the details on these things, i’m just saying there would have been significant costs on these things such that Elite wouldn’t have had the money to buy Adderall, which will probably bring in far more revenue than what was sacrificed.
Thank you for telling me. He was so knowledgeable and a great asset to this board! RIP LASERS!!!
what about Lasers???
what happened to Lasers?
What matters imo is whether investors are better off having launched Adderall vs keeping those 4 drugs that were sold to pay for the launch. ???
Despite everything (and there’s a lot!), if big revenues come in, surely that will make the share price go up. Maybe even get a good suitor for a buyout.
I keep asking : what can we do???
What does “Spine up” mean in practice?
Please suggest something that we investors can do as a group and/or individually to achieve our collective goal of making money!!!
(i am not experienced enough to do this. ELTP is basically my one and only stock purchase).
I’m suggesting that we investors find a way to unite to pressure The CEO to act in our best interests. Period!
Let’s focus on how we as a group can achieve our goals (some of which, below, were stated by WeeZuhl) including:
CEO accountability;
ELTP. 100% ownership of Adderall owned by Mikah bought from Sungen;
full explanation of statement in 2016 that Mikah was winding down and selling off assets;
we want dissolution of Mikah (conflict of interest with Elite)and all assets that would benefit Elite transferred immediately to Elite.
The question is :what can we as a group (or individually) do to make these things happen?
What can we investors as a group do???
to get accountsbility??
to find out what’s the deal on supposed dismantling of Mikah in2016?
to get 100% ofAdderall in Elite’s name?
etc. in general, to get the pps up?
ideally, to get a buyout within 2 years.
to somehow, someway, toget real money into the
hands of loyal invedtors!!!
How exactly will a merger deliver actual hard cash to Elite investors. Some of us waiting many years to see our investment turn into actual money that we can use????
what if he doesnt care about making everyone happy? what makes you think he does?
what is this bs we are hearing from 2016 about Mikah “winding
down”?!?!
There shouldn’t even be a separate Mikah that divides Nasrat’s interests! it is a conflict of interest!
Above all, what can we do about all this???